Exam 6: Industrialization and the Expansion of the World-System

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According to Wallerstein, which of the following countries have been hegemonic in the modern world-system?

(Multiple Choice)
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China's failure to become the first industrialized nation despite her technological equality with western Europe in 1500 indicates:

(Multiple Choice)
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The increasing specialization of labor signifies all three major trends of capitalist evolution; that is, it results from a combination of and leads to the increasing of work and the worker:

(Multiple Choice)
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The only necessary requirement for a society to be a hegemonic power is that it be economically "number one."

(True/False)
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If Giovanni Arrighi's notion of the systemic cycle of accumulation is correct, then we should expect which of the following in the near future?

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Considerable mechanization occurred in Europe in the centuries prior to the Industrial Revolution, especially during the period between 1540 and 1640.

(True/False)
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The rapid ascent of the United States as a hegemonic world power was greatly facilitated by the existence of early railroad systems that spanned the country.

(True/False)
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Which of the following is a basic reason why hegemons eventually lose their hegemony?

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Monopoly capitalism:

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The spearhead of the Industrial Revolution was textile manufacturing.

(True/False)
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Transnational corporations have had only subtle effects on the functioning of capitalism.

(True/False)
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According to Giovanni Arrighi, modern capitalism has gone through systemic cycles of accumulation:

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Compared to Western society, and especially the United States, Japan's version of capitalism is based less on collectivism and asceticism.

(True/False)
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In 1997 the total revenues of General Motors exceeded the revenues of Norway, Finland, Denmark, Poland, Portugal, Hong Kong, and Singapore.

(True/False)
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Industrialization is best thought of as a continual process rather than as a discrete event or series of events.

(True/False)
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The Industrial Revolution began in England in the late eighteenth century.

(True/False)
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Discuss the basic reasons why hegemons decline. Refer to the cases of Great Britain and the United States as illustrating these reasons.

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The Industrial Revolution:

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According to Wallerstein, Great Britain was the world's second great hegemonic power.

(True/False)
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One major reason for the decline of the United States as a hegemonic power is:

(Multiple Choice)
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